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In this paper, we work on indifference valuation of variable annuities and give a computation method for indifference fees. We focus on the guaranteed minimum death benefits and the guaranteed minimum living benefits and allow the policyholder to make withdrawals. We assume that the fees are...
Persistent link: https://www.econbiz.de/10010899322
We study the valuation of variable annuities for an insurer. We concentrate on two types of these contracts that are the guaranteed minimum death benefits and the guaranteed minimum living benefits ones and that allow the insured to withdraw money from the associated account. As for many...
Persistent link: https://www.econbiz.de/10010821370
What does governance mean for the World Bank and to what extent does the organization succeed in diffusing the paradigm … worldwide? The World Bank primarily focused on economic aspects of governance in the 1980s, and progressively moved to its … knowledge on this specific issue. The potential influence of the World Bank's main governance indicators: Country Policy and …
Persistent link: https://www.econbiz.de/10009278331
conservatism across our three measures. While there is no change in weak enforcement/governance countries which remain less … conditionally conservative than strong enforcement/governance countries, the latter exhibit a significant decrease. Further, we …
Persistent link: https://www.econbiz.de/10010820448
This paper analyses the relationships between environmental compliance, corruption and environmental regulations in the case of forestry. Using a Principal-Agent model, we highlight interrelationships between firm's environmental non-compliance and corruption conditioned to the efficiency of the...
Persistent link: https://www.econbiz.de/10008805099
What does governance mean for the World Bank (WB) and how far does the organization influence the world community with … this concept? The World Bank primarily focused on economic aspects of governance in the 1980s and progressively moved to … 'good governance' concept are explored. As well as networking, which contributes to the promotion of its worldwide influence …
Persistent link: https://www.econbiz.de/10008805929